Question 1

In the context of grit,excellence is the commitment to long-term goals through purposeful deliberate practice.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following describes a successful entrepreneur's typical reaction to failures,particularly small ones?

Accepted Answer

A) They have very few failures because they do everything to avoid them. 
B) They get out of the business as early as possible in order to cut their losses. 
C) They see failures as opportunities to build on what they learned or capture new opportunities. 
D) They try to make failures happen to increase the overall creative tension. 
A) They have very few failures because they do everything to avoid them. 
B) They get out of the business as early as possible in order to cut their losses. 
C) They see failures as opportunities to build on what they learned or capture new opportunities. 
D) They try to make failures happen to increase the overall creative tension.

Question 3

Studies such as those taken on by Angela Lee Duckworth and Carol Dweck have shown that people with a high IQ are more likely to achieve success.

Accepted Answer

A) True 
 B)False

Question 4

Why would a growth mindset contribute to a person's grit?

Accepted Answer

A) Both are a way to measure intelligence. 
B) A desire to learn will help overcome failure and allow the person to persevere. 
C) People with a growth mindset need to make things perfect. 
D) People with grit will keep doing the same thing repeatedly. 
A) Both are a way to measure intelligence. 
B) A desire to learn will help overcome failure and allow the person to persevere. 
C) People with a growth mindset need to make things perfect. 
D) People with grit will keep doing the same thing repeatedly.

Question 5

Conscious,highly structured efforts to learn new skills,carried out with an eye on long-term achievement,describes which of the following terms?

Accepted Answer

A) fixed mindset 
B) perseverance 
C) deliberate practice 
D) structured learning 
A) fixed mindset 
B) perseverance 
C) deliberate practice 
D) structured learning

Question 6

Jill had to close a cupcake bakery that she had established close to home.Her total investment was just under $7,000,representing all her personal savings.She attributes her failure to a poor business model.She had assumed that customers would come from wealthy residential areas when,in fact,customers seemed to be employees of large corporations who bought the cupcakes for office celebrations.In spite of her losses,Jill is hoping to start another cupcake bakery.Explain why this might be so.

Accepted Answer

The experience of failure has heightened

Question 7

Deviance is an attribute of grit.

Accepted Answer

A) True 
 B)False

Question 8

Studies show that individuals who are ______ will go out of their way to avoid failure.

Accepted Answer

A) raised in uncertain environments 
B) raised to believe failure is unacceptable 
C) raised to view failure as a learning opportunity 
D) raised by helicopter parents 
A) raised in uncertain environments 
B) raised to believe failure is unacceptable 
C) raised to view failure as a learning opportunity 
D) raised by helicopter parents

Question 9

According to Stanford psychologist Carol Dweck,people with ______ develop their abilities through dedication,effort,and hard work.

Accepted Answer

A) a growth mindset 
B) a fixed mindset 
C) grit 
D) an entrepreneurial mindset 
A) a growth mindset 
B) a fixed mindset 
C) grit 
D) an entrepreneurial mindset

Question 10

What behavior is at the top of the failure spectrum?

Accepted Answer

A) inattention 
B) uncertainty 
C) deviance 
D) lack of ability 
A) inattention 
B) uncertainty 
C) deviance 
D) lack of ability

Question 11

Explain the different ways entrepreneurs can learn from failure and why it is important that they do so.

Accepted Answer

Failure often goes hand-in-hand with exp

Question 12

Based upon Angela Lee Duckworth's research on children,what is the relationship between mindset and grit?

Accepted Answer

A) Those with a growth mindset tend to have less grit. 
B) Those with a fixed mindset tend to have more grit. 
C) Those with a growth mindset tend to have more grit. 
D) Mindset is unrelated to grit. 
A) Those with a growth mindset tend to have less grit. 
B) Those with a fixed mindset tend to have more grit. 
C) Those with a growth mindset tend to have more grit. 
D) Mindset is unrelated to grit.

Question 13

The term deliberate practice refers to learning from good failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition.

Accepted Answer

A) True 
 B)False

Question 14

An entrepreneur who conducts market tests to get early feedback and acquire important learning and information is demonstrating ______.

Accepted Answer

A) exploratory experimentation 
B) inattention 
C) lack of ability 
D) uncertainty 
A) exploratory experimentation 
B) inattention 
C) lack of ability 
D) uncertainty

Question 15

Because of their personalities,entrepreneurs do not experience the emotional pain of failure.

Accepted Answer

A) True 
 B)False

Question 16

Maternal irritability and paternal absence may contribute to a child's fear of failure.

Accepted Answer

A) True 
 B)False

Question 17

Once you establish the extent of your fear of failure,which of the following would be a good step toward coping with it?

Accepted Answer

A) Deliberately allow yourself to feel the fear. 
B) Try to suppress your fear. 
C) Try to distract yourself so you don't feel your fear. 
D) Pretend you are fearless. 
A) Deliberately allow yourself to feel the fear. 
B) Try to suppress your fear. 
C) Try to distract yourself so you don't feel your fear. 
D) Pretend you are fearless.

Question 18

A CBI Insights study of startup postmortems found that more than 40 percent failed because of process inadequacy.

Accepted Answer

A) True 
 B)False

Question 19

Based on her studies,psychologist Angela Lee Duckworth determined that grit ______.

Accepted Answer

A) is primarily a factor in physically demanding tasks 
B) is only a factor for success in the military 
C) contributes to success in a wide variety of fields and roles 
D) is related to IQ 
A) is primarily a factor in physically demanding tasks 
B) is only a factor for success in the military 
C) contributes to success in a wide variety of fields and roles 
D) is related to IQ

Question 20

Define the term intentional iteration and explain why it is important.

Accepted Answer

Intentional iteration is a process of pr

In the context of grit,excellence is the commitment to long-term goals through purposeful deliberate practice.

Which of the following describes a successful entrepreneur's typical reaction to failures,particularly small ones?

Studies such as those taken on by Angela Lee Duckworth and Carol Dweck have shown that people with a high IQ are more likely to achieve success.

Why would a growth mindset contribute to a person's grit?

Conscious,highly structured efforts to learn new skills,carried out with an eye on long-term achievement,describes which of the following terms?

Deviance is an attribute of grit.

Studies show that individuals who are ______ will go out of their way to avoid failure.

According to Stanford psychologist Carol Dweck,people with ______ develop their abilities through dedication,effort,and hard work.

What behavior is at the top of the failure spectrum?

Explain the different ways entrepreneurs can learn from failure and why it is important that they do so.

Based upon Angela Lee Duckworth's research on children,what is the relationship between mindset and grit?

The term deliberate practice refers to learning from good failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition.

An entrepreneur who conducts market tests to get early feedback and acquire important learning and information is demonstrating ______.

Because of their personalities,entrepreneurs do not experience the emotional pain of failure.

Maternal irritability and paternal absence may contribute to a child's fear of failure.

Once you establish the extent of your fear of failure,which of the following would be a good step toward coping with it?

A CBI Insights study of startup postmortems found that more than 40 percent failed because of process inadequacy.

Based on her studies,psychologist Angela Lee Duckworth determined that grit ______.

Define the term intentional iteration and explain why it is important.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Testing and Experimenting With New Ideas

Supplement A: Financial Statements and Projections for Startups

Developing Networks and Building Teams

Supplement B: the Pitch Deck

Creating Revenue Models

Planning for Entrepreneurs

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Supporting Social Entrepreneurship

Filters

Exam 11: Anticipating Failure

In the context of grit,excellence is the commitment to long-term goals through purposeful deliberate practice.

Which of the following describes a successful entrepreneur's typical reaction to failures,particularly small ones?

Studies such as those taken on by Angela Lee Duckworth and Carol Dweck have shown that people with a high IQ are more likely to achieve success.

Why would a growth mindset contribute to a person's grit?

Conscious,highly structured efforts to learn new skills,carried out with an eye on long-term achievement,describes which of the following terms?

Deviance is an attribute of grit.

Studies show that individuals who are ______ will go out of their way to avoid failure.

According to Stanford psychologist Carol Dweck,people with ______ develop their abilities through dedication,effort,and hard work.

What behavior is at the top of the failure spectrum?

Explain the different ways entrepreneurs can learn from failure and why it is important that they do so.

Based upon Angela Lee Duckworth's research on children,what is the relationship between mindset and grit?

The term deliberate practice refers to learning from good failures that provide valuable new knowledge that can help a startup innovate and stride ahead of its competition.

An entrepreneur who conducts market tests to get early feedback and acquire important learning and information is demonstrating ______.

Because of their personalities,entrepreneurs do not experience the emotional pain of failure.

Maternal irritability and paternal absence may contribute to a child's fear of failure.

Once you establish the extent of your fear of failure,which of the following would be a good step toward coping with it?

A CBI Insights study of startup postmortems found that more than 40 percent failed because of process inadequacy.

Based on her studies,psychologist Angela Lee Duckworth determined that grit ______.

Define the term intentional iteration and explain why it is important.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Testing and Experimenting With New Ideas

Supplement A: Financial Statements and Projections for Startups

Developing Networks and Building Teams

Supplement B: the Pitch Deck

Creating Revenue Models

Planning for Entrepreneurs

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Supporting Social Entrepreneurship

Filters